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MYNTRA SINGAPORE LAUNCH
Myntra CEO Nandita Sinha's exit is latest at top level for Flipkart groupSinha’s departure marks another senior-level exit at Myntra and its parent Flipkart, which is eyeing a public listing in some months.- Myntra CEO Nandita Sinha to step down, Sharon Pais likely replacementSinha's exit adds to the top-level churn at the fashion ecommerce portal as well as its parent company Flipkart, which is looking to go pub...
- Exclusive: IPO-bound Flipkart completes reverse flip; shifts domicile from Singapore to IndiaFlipkart has completed its reverse flip, moving its domicile from Singapore back to India after receiving approvals, including from the NCL...
- Beauty segment accounts for 20% of Myntra’s new customers: Nandita SinhaMyntra’s beauty segment has become a growth driver for the platform, accounting for most units sold and about 20% of new customers coming t...
- Myntra’s net profit rises to Rs 548 crore in FY25; revenue up 18%The 18x rise in net profit was largely due to a deferred tax credit of Rs 135 crore for FY25. The Flipkart-owned online fashion and beauty ...
- Myntra’s creator programme recorded over 1 million registrations: CEO Nandita SinhaMyntra's Ultimate Glam Clan creator program has attracted over a million content creators, significantly boosting user engagement and conve...
- India is key strategic market for global brands, says Myntra CEO"With the launch of Myntra Global in Singapore, we're also laying the foundation for our global foray, with a long-term aspiration to serve...
- Quick commerce now accounts for 20% of ecommerce sector in India: Walmart International CEOKathryn McLay says Walmart is excited about Flipkart’s growth but is not so focused on profitability in such a way that we would trade off ...
- TCS CEO’s pay hike; L Catterton’s India fundIT major TCS paid Rs 26.5 crore in remuneration to CEO and MD K Krithivasan in FY25. This and more in today’s ETtech Top 5.
- Myntra receives Rs 1,063 crore cash infusion from Singapore-based parent entityMyntra secured Rs 1,062.5 crore ($124 million) funding from parent FK Myntra Holdings amid its expansion to Singapore. The firm launched My...
- Myntra expands to Singapore, offers made-in-India brandsMyntra has expanded into Singapore, targeting the strong Indian diaspora with its new platform, Myntra Global. Featuring 35,000 styles from...
- Myntra secures $81 million fund infusion from parent FlipkartRegulatory filings in Singapore reveal that Myntra's parent company, FK Myntra Holdings Pvt Ltd, received the investment in November, marki...
- Herschel Supply Co and Anne Klein tie up with Apparel group for India entryUS-based Anne Klein and Canada-based Herschel Supply have partnered with Apparel Group, which sells brands such as Aldo and Charles & Keith...
- Myntra private label head Manohar Kamath quitsTribikram Mishra, vice-president and head of the Roadster brand, has also departed from the fashion etailer to join rollup commerce company...
- Skyroot Aerospace raises $51 million in new funding round led by Singapore’s GICFounded in 2018, Skyroot builds rockets to help launch small satellites, as it designs and tests multiple rocket propulsion systems.
- Flipkart invests $116 million in fashion retailer Myntra amid challenge from Reliance, NykaaThe new investment comes as Myntra is facing new challenges, with Reliance's Ajio emerging as a significant second player in the online fas...
- Musk launches hostile takeover of Twitter; Flipkart pumps $116M into MyntraMusk said in the filing that this was his “best and final offer”, and that he would have to reconsider his position as a shareholder if it ...
- Two Myntra-Jabong senior executives to exit by DecemberMyntra-Jabong confirmed the development about Gunjan Soni and Ananya Tripathi moving out of the organisation.
- SeedPlus puts Rs 4.3 cr in mobile security company AppknoxThe company, which analyses mobile app security on the cloud, has among its clients major ecommerce and payments companies such as Paytm, B...
- Flipkart and Myntra launch Japanese brand Mizuno sportswearMeerut-based Stag International, has partnered with Myntra and Flipkart for an exclusive retail distribution. Stag is also distributor of o...
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